Tax Rebates & Refunds

3 frequently asked questions regarding tax rebates in the UK

April 28, 2011
Posted in Tax Rebates — Written by Jennifer

Tax rebates are often a cause of confusion, as there are certain rules and regulations involved in the tax rebate process. However, there are many advisors who will guide you through the process.

Mentioned below are some frequently asked questions regarding tax rebates.

Who is entitled to tax rebates?

If you have been working and earning in the United Kingdom, you may be entitled to a tax rebate. There are certain criteria which you need to meet to get a tax rebate. Tax codes and the amount earned during a financial year will decide the amount of tax owed to you by the government.

When did tax rebates start?

The idea of tax rebates can be traced back to the 20th century. Back then the idea was introduced mainly to boost the federal income. However, tax rebates have been implemented on a larger scale by different countries around the globe.

When will I get my tax back upon submission of the right documents?

Once you submit the appropriate documents, you should get a reply by the HMRC within around 4-6 weeks. It is important to understand that the documents need to be filled in properly and that you will need to provide proof of earnings to get the tax back.

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